Juridica adheres to strict underwriting guidelines which include a multi-phased and multi-party proccess. An overview of this process is detailed below:
Step 1: Internal due diligence of the claim and counsel
Step 2: External subject matter expert review of the claim and counsel
Step 3: Legal ethics and compliance consulation
Step 4: Economic analysis (probabilities of winning on the merits, damages, collection risks, and business context to the claim)
Step 5: Each investment is approved by the Manager and presented to the Underwriting Committee for review
Juridica only recommends investments in cases that it believes are likely to settle or in more limited circumstances result in a favorable trial result.